Earnings Preview For Louisiana-Pacific
Portfolio Pulse from Benzinga Insights
Louisiana-Pacific (NYSE:LPX) is set to release its quarterly earnings report on November 1, 2023. Analysts estimate an EPS of $1.54. The company's past performance shows a pattern of share price drops following earnings reports. The stock was trading at $51.23 as of October 30, with a 52-week return of -2.72%.
October 31, 2023 | 4:02 pm
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NEGATIVE IMPACT
Louisiana-Pacific's upcoming earnings report could impact its stock price, given the historical pattern of share price drops following earnings reports. The stock is currently trading at $51.23, with a 52-week return of -2.72%.
Historically, Louisiana-Pacific's share price has dropped following earnings reports. Given that the company's 52-week return is negative, investors may be bearish going into this earnings release. Therefore, the upcoming earnings report could potentially lead to a further decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100